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T24 News

Bank of Montreal Asia Pacific, part Canada’s BMO Financial Group, will implement Temenos’ flagship core banking system, T24.

New payment technology is transforming financial systems by allowing direct bank-to-bank settlements in real time, even for international transfers.

With the takeover of BSI by rival EFG International, Switzerland will see the creation of the country’s fifth largest private bank. Banking Technology looks at the IT implications, and the winners and losers of the deal.

Barclays could be offloading its French retail banking and wealth management divisions to private equity group AnaCap Financial Partners.

Two Malawian banks are set to come together in a merger that will result in job cuts and a Temenos-based core banking upgrade.

Bermuda Commercial Bank (BCB) has gone live with Temenos’ T24 core banking system (R13). The bank has also implemented Temenos’ business intelligence and analytics tool, Insight, and an AML solution.

Sudan-based Export Development Bank (EDB) has gone live with its new core banking system, Temenos’ T24. The Islamic bank implemented R13 of T24 and has also got Temenos’ Insight Financials tool.

Will Simon Bateman, the new CIO of London-based Harrods Bank, restart the bank’s long-suffering core banking software overhaul?

Pakistan-based NIB Bank is the first to upgrade to the latest release of Temenos’ T24 core banking system – making a big leap from R7 to R15.

Qatar Islamic Bank (QIB) has finally gone live with a new core banking system, Temenos’ T24, nearly six years after signing the original contract.